Premium Nickel upsizes Botswana financing to $20 million

Premium Nickel Resources (TSXV: PNRL) has upsized its non-brokered equity financing to C$27.5 million ($20m) to be spent at its projects in Botswana. The financing was originally announced on June 5 for C$15 million ($10.9m).

Tuesday, June 11, 2024

Indonesia issues annual nickel ore quota of 240mt for 3 years

Indonesia has issued an annual nickel ore output quota of around 240 million metric tons for the next three years, its Energy and Mineral Resources Minister Arifin Tasrif said on Friday.

Tuesday, June 11, 2024

Magna reaches deal with Glencore to treat surface bulk sample

Magna Mining (TSXV: NICU) and Glencore Canada have signed an agreement to treat ore from the Crean Hill nickel-copper surface bulk sample of the 109 footwall at Glencore’s Strathcona mill in Sudbury, Ontario.

Wednesday, June 5, 2024

Alaska Energy Metals expands footprint in Canada with Québec acquisition

Alaska Energy Metals (TSXV: AEMC) last week announced its intent to acquire 100% interest in the 3,320-hectare Bambino nickel-copper- platinum group element property in Québec, expanding its footprint in the province, which has become an exploration hotbed for...

Monday, June 3, 2024

Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says

Anglo American is starting a formal process to sell its coal assets and explore options for its nickel operations after fending off a takeover threat from bigger rival BHP Group, CEO Duncan Wanblad said on Thursday.

Friday, May 31, 2024

Nornickel forecasts lower global nickel surplus, bigger palladium deficit

Russian mining and metals giant Nornickel on Thursday lowered its forecast for the global nickel surplus this year, but said it expected a bigger global palladium deficit.

Friday, May 31, 2024

Vale moves closer to deal for Onca Puma nickel mine to resume operations

Vale and the Brazilian state of Para have moved closer to an agreement that could allow the mining group to resume operations at its Onca Puma nickel mine.

Wednesday, May 29, 2024

Horizonte goes into administration amid funding shortfall for Brazil nickel project

Horizonte Minerals has appointed Chad Griffin and Geoff Rowley as administrators, following its inability to secure full financing for the Araguaia nickel project, in Brazil.

Friday, May 17, 2024
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